Hang out tonight – I go into some detail with the MA’s and today’s trading. Wednesday’s trade fell right into the current count with yesterday’s high at 15268 being the completion point for the minute wave 3 with today’s action tracing out most of, if not all of minute wave 4. The rally back off the 15013 low got the NQ back to the hourly 50 MA with the getting a boost in the initial after hours. I’m leaving open the potential that the NQ will do one more dip to 15000’ish before again boosting itself back above 15100. The NQ is getting closer to (IMHO) the top of Intermediate wave 2 – which suggests we are getting really close to the midterm top. The zone given in the video should be seen at some point between tomorrow and Friday.
March 30, 2022